#STRL 140$ + After A PullBack#STRL 140$ + After A PullBack..
Sterling Infrastructure (STRL) is showing a lot of interest.. The fundamentals are also getting stronger, but there might be a fake downfall in it first.
STRL trade ideas
Momentum Stock: Sterling InfrastructureSterling Infrastructure is an established organization in the heavy civil construction sector with a primary focus on infrastructure projects.
It has had a great run over the last 12 months but looking at the technicals that I like it does look overextended and I would be wanting to wait for a pull back into a better value area before considering any trade.
For risk management, a trailing stop loss of around 14% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.
As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot stocks you might be interested in and can add to your watch list and perform further research on and or discuss with your broker.
Again. Not trading advice . Industries and companies change. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch.
$STRL Setting UpFew charts in #industrials looking strong.
My pick is $STRL as it ticks many check boxes.
$STRL Weekly Symmetrical Triangle5 month symmetrical triangle consolidation pattern on this construction play. Previous ATH was @ $33. I think that's where the stock wants to go. That's 44%+ from these levels. Love the dragon head look. This dragon is ready to fly lol.
STRL consolidating above mirror lvlStrong mirrol lvl with FB on both sides, The stock had an rollback after breaking the level and i guess consolidating its power for moving up, 15,6-7 level of support, long.
